There were 824 sold (closed) homes on the Omaha MLS for the month of January 2017, down 30% from December 2016. Comparing last month sale rate 824 to the current 1,904 active listings, the Omaha MLS has 2.31 months’ inventory on the market. This rate indicates a seller’s market for the Omaha MLS areas. The avg. list price for January 2017 is $203,156 and average sold price is $200,501 for a sale to list price ratio of 98.69%.

Active Listings

1904

Average list price

$ 203,156

Pending Sales

1661

Average sold price

$ 200,501

Closed Sales

824

Sale Price/List Price Ratio

98.69%

Avg DOM Sold

28

Absorption Rate

2.31

From December 2016 to January 2017 there was a decrease in the number of listings from 2,054 to 1,904 or down 7%. However, the number of pending listings increased from 1,518 to 1,661 or an 9% increase. So, the drop-in sales for January 2017, should be higher in February 2017.

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 2/3/2017; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver—REALTOR Data does not include any private home sales

Douglas County

Steve Lauver | Nebraska Realty gives Omaha, NE home sellers powerful representation and the lowest average days on market. Steve Lauver looks out for Omaha home buyer’s best interest throughout the home buying process, from finding homes that fit your needs, negotiating the best terms, and insure closing your new home is on time. Learn how I will assist you in selling an Omaha, NE Home or buying an Omaha, NE home.

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